Friday, December 4, 2015

Student loan numbers through November

I have been tracking my student loan payoff amounts (somewhat) for 2015.  The total amount owed at the end of each month is shown below.

December 2014: $23,650
April 2015: $19,408
May 2015: $18,939
June 2015: $16,632
July 2015: $14,824
August 2015: $12,392
September 2015: $9,999
October 2015: $8,019
November 2015: $5,692 (with interest calculated through 12/15)

As of Monday, I have paid a total of $18,458.22 to my student loan this year.  Of that amount $493.46 has gone towards interest.  I will probably pay about $500 in interest by the end of the year.

My goal is pay $19,000 to the loan by the end of the year, only $541.78 left to go before December 31, 2015. When I look at my budget I'm about $50 short, but  I will figure it out.  I can't believe I'm about to pay $19,000 in one year onto my student loan, it's crazy, especially where at the beginning of the year I was still paying for dental expenses. I'm so glad that I've been able to do so much.  No matter what happens from here on out, I'm proud of what I have been able to accomplish. 


  1. I am proud of you as well. That is a lot of money - a CAR! You will be so relieved when it is done, so keep going. You are an inspiration!

    1. It's so crazy how much money I have paid towards student loans!I did the math once and I think I have paid a total of around $68,000 towards student loan debt (interest and principal). Thank you so much for your kind words!